- Search Metals Mine
-
Davit replied Jan 15, 2013image Your red triangle is projection on your part.It does not exist therefore your TP2 does not exist. That's all.That is why I said it was forced.C leg must be formed to know if we have a pattern.For all purposes PA could continue up Regards
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013I don't understand your question to be honest. To me your AU 4hr chart is forced. Your C is not formed and your PRZ is based on assumptions of C As Mr.PIP has said as long as we don't have C we don't have a pattern. However on 30min time I posted ...
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013I don't trade 1min.I look 1hr for set ups and 15min for entries.1 min is too nerve racking to me. Good luck on trading.Don't trade Euro now.Wait at least Frankfurt open to get a feel where PA is heading. Regards
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013I didn't take the trade.Sometimes hard to keep a track of all the pair set ups. My goal is modest 20-30pips a day.I made 40pips today so not greedy.10% a month 3k account compounded is 900k in 5yrs.So I am patient. Good catch on the candle.I was ...
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013To me AU represent complete pattern and from 1.054 PA most likely will go up again.
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013Very keen on shorting GJ and looking for good opportunity.
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013Realistic Target however Price seems to rebound or range 54 to 56-57 then down again.
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013Closed my 4 Kiwi shorts at 8395 +40pips. Hard to tell if it will break down further. Are you still holding your shorts? Swap on my broker was pricey hence did not want to hold longer. My NZ outlook Regards
EURUSD
-
Davit replied Jan 14, 2013Going long now is like Harakiri Its like overripe pomegranate ready to burst open only to spill the seeds down.Yen pairs have enormous selling pressure built in and it can get real ugly.
EURUSD
-
Davit replied Jan 14, 2013just closed all my NZ shorts +40pips
Credit goes to MR.PIP for opening my eyes to C leg trading.Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013Hi bro I place my orders in small halves.I devide 2 lots into 4 mini lots and stack them up for better price ratio.Advantage is if your 1st pilot order gets fried then your loss will me minimal since entire order was not placed.I am in profit ...
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013Mr Pip If you covered this I apologize but I wanted to post this since I think its important. This is from LP book which you have copy of.Part 2 page 44 About 40 percent of the time, the AB=CD pattern will be perfectly symmetrical, meaning AB equals ...
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013Hi Mr PIP Here is what I have going.NZ 1hr chart My rational for shorts are confluence of Price did not violate 786 and got mini double tops and serious resistance ahead at 8450.Even after Ben's speech today Price did not break 786 which confirmed ...
Ratios & Harmonics: a Different Way to Trade
-
Davit replied Jan 14, 2013added 2 shorts on Kiwi 8404 8402 and will add more if it goes higher.
Regards broEURUSD
-
Davit replied Jan 13, 2013Nobody knows for sure however micro economics don't look good for Euro zone for continued up movement.Its basically market makers pushing the price for perhaps greater dumping.
EURUSD
-
Davit replied Jan 13, 2013Hi friend EU is due major retrace and I won't take long.Lets say 80% of the move is done and I don't want to risk 20% remaining. That is typical retail trading.Getting in late.I rather short from good number. Regards
EURUSD
-
Davit replied Jan 13, 2013I am looking for 618 retrace.Basically 123 pattern down. 38.2 Fib was 8395 which PA violated.Next stop 618. You must have been paying high swap.
EURUSD
-
Davit replied Jan 13, 2013If you are cutting your short then don't go long on E/U A/U because most likely you are at tail end of run. Just wait for signs of exhaustion then short them again! Personally I am looking to short Aussie 56 or higher and Kiwi at 84.20 618 retrace
EURUSD
-
Davit replied Jan 13, 20133373 is burned like an ashtray. Please don't let your ego get better of you.Dance with PA and PA is Male
image EURUSD